News and notes from around the interweb:
- Paypal’s market cap now bigger than Amex’s
PayPal’s market capitalization hit at about $83 billion, nearly double the $47 billion value it had when it spun off from eBay Inc. a little over two years ago. And as Amex is in the rear window, some other big name Wall Street firms are at risk of being demoted — at $83 billion, PayPal is $6 billion away from passing Morgan Stanley and within $10 billion of Goldman Sachs’ valuation.
- 200 free Emirates miles and triple points — talk about a BoardingArea blogger making good, Troy Liu’s MilesLife has nabbed another airline earning partner.
- Buy British Airways Avios at 1.1 Euro cents apiece. I’m not a buyer.
- Island Air filed for Chapter 11 Bankruptcy
- Former United CEO Jeff Smisek’s Trump condo is on the market for $4.675 million.
- NY Times: Free meals returning to coach on some airlines (See also With These Airlines You’ll Want to Eat Onboard — Not at a Restaurant)
“We all used to complain about airline food in coach, but once it was gone we missed it,” said Gary Leff, a travel expert who writes the View From the Wing blog.
…Airlines pay special attention to the amenities they offer on routes popular with business fliers because they are in fierce competition for those high-paying customers, Mr. Leff said. “The experience on the flight does matter and will influence their decision-making on future flights,” he said.
…Ms. Bauer of Delta said a free meal alone might not change a customer’s mind. But she said she hoped that given a package of amenities and service, a customer faced with two flights might choose the one run by Delta, even if it costs a little more.
- A Delta flight attendant ordered passengers not to sing the national anthem as crew unloaded a soldier’s casket on arrival in Atlanta. Delta apologizes for the ‘misunderstanding’ that a flight attendant believed it was against the airline’s policy to allow passengers to sing the anthem.
Gaudry said the chief flight attendant came up to her and said it was against Delta’s policy to sing the National Anthem. Gaudry said the staff then made an announcement telling everyone to stay in their seats and remain quiet.
- NY Times: Free meals returning to coach on some airlines (See also With These Airlines You’ll Want to Eat Onboard — Not at a Restaurant)
Goony birds of a feather flock on gold toilets together.
The Paypal market cap story seems pretty misleading in terms of apples to apples. The comp names listed are all in finance but the Payments arena is largely own by PayPal and a couple other guys. The nature of what they do is consumer facing (or rather, much more volume than with all stretches of the income ladder)… and GS or MS isn’t even the same animal, definitely not even similar business models.
Well, the national anthem supports slavery and celebrates violence. I think it’s time we got rid of it completely. The values it praises are quite terrible and we should come up with an anthem that supports good, not evil nationalistic cancer.
Market cap is important but it doesn’t denote size. Tesla has a bigger market cap than most of the traditional auto companies but it isn’t “bigger”
Regardless of how ugly or ill-begotten the anthem is/was, the players are not about that at all. They are kneeling to express reverence at the same time they signify profound disappointment that we cannot get over the hump of racial prejudice in this country due to it’s 1/3 population of redneck baboons who are the most reviled people on earth – taught in the schools of the modern nations as the most despicable low scum on earth still trying to enforce apartheid in a land that they pretend is totally free and equitable.
You’re an expert on ‘free’ airline food(?). You must be very proud.
@ Greg: See you are still carrying that extra chromosome. Isn’t it heavy?
@ Ray: Ask your literacy volunteer to dumb down those verses for you so that you truly understand the meaning.